Common use of Termination of Agreement for Excusable Delay Clause in Contracts

Termination of Agreement for Excusable Delay. In the event of termination of the Agreement with respect to any Aircraft (i) pursuant to Article 6.2 of the Agreement, or (ii) pursuant to Article 6.3 of the Agreement such termination will, if Buyer so requests by written notice received by Boeing within 15 days after such termination, also discharge and terminate all obligations and liabilities of the parties as to any Spare Parts which Buyer had ordered pursuant to the Provisions of this letter as initial provisioning for such Aircraft and which are undelivered on the date Boeing receives such written notice. Very truly yours, THE BOEING COMPANY By /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ Its Attorney-In-Fact ACCEPTED AND AGREED TO this Date: September 18, 1996 ALASKA AIRLINES By /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Its Senior Vice President Finance 1954-5 Alaska Airlines, Inc. ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Subject: Letter Agreement No. 1954-5 to Purchase Agreement No. 1954 - Escalation Sharing This Letter Agreement amends Purchase Agreement No. 1954 dated as of even date herewith (the Agreement) between The Boeing Company (Boeing) and Alaska Airlines, Inc. (Buyer) relating to Model 737-400 aircraft (the Aircraft). All terms used herein and in the Agreement, and not defined herein, will have the same meaning as in the Agreement.